for sales practice and business conduct to help lower risks to the overall economy. now, these swaps market reforms ultimately benefit end users. the end users in our economy, nonfinancial side, employs 94% of private sector jobs. and these benefit those end users through greater transparency, greater transparency starts to shift some information advantage from wall street to main street but also lowering risk. and we've completed our rules ensuring as congress directed that the nonfinancial end users aren't required to participate in central clearing. at the cftc we've proposed margin rules that provide end users will not have to post margin for those uncleared swaps. to smooth the market's transition to the reform the commission's consistently been committed to phasing in compliance based upon the input from the market participants. i'd like to highlight two areas in 2013 that we still need to finish up the rules. one is completing the pretrade transparency reforms. this is so buyers and sellers meet, compete in the market place, just as in the securities and futur